Which of the following statements is true of money market mutual funds?
A) They are illiquid.
B) They are highly risky.
C) They are affordable for small investors.
D) They are issued by the U.S. government.

Question

Quizplus · Accepted Answer

Money market mutual funds are designed to be low-risk and are accessible to small investors, making them affordable. They are not issued by the U.S. government, and they are generally considered liquid investments.

Which of the Following Statements Is True of Money Market